Understanding Environmental Insurance with Expert John Wasilchuk
Understanding Environmental Insurance with Expert John Wasilchuk. In this episode of the Environmental Transformation Podcast, host Sean Grady speaks with John Wasilchuk, the Director of the Environmental Practice at Gallagher Risk Management Services. John shares his extensive experience in evaluating environmental risks and designing insurance programs for organizations and the benefits of environmental insurance for industrial waste companies. Plus, he shares the impact of climate change on insurance premiums. John also explains the importance of due diligence, data organization, and communication with insurance carriers to achieve favorable rates and coverage. Various scenarios related to environmental liabilities, such as property acquisitions, transportation of hazardous materials, and managing legacy sites, are examined. Whether you're an insurance buyer or a company dealing with environmental risks, this episode provides valuable insights into managing and mitigating those risks through comprehensive insurance solutions.
If you're looking to understand environmental insurance, risk management, and how to protect your business from environmental liabilities, this episode is for you. We dive into insurance for environmental risks, including pollution liability insurance, property and casualty insurance, and site remediation insurance, with insights from Gallagher Insurance. Learn about industrial hazardous waste insurance, phase 1 and phase 2 environmental assessments, and environmental consulting as we explore how businesses can navigate CERCLA and Superfund sites, environmental due diligence, and environmental liability transfer. We also discuss insurance for waste brokers, renewable energy projects, and the impact of climate change on insurance rates. Plus, we break down PFAS insurance coverage, the role of pollution exclusions in general liability policies, and how companies can secure better insurance coverage for environmental risks. Whether you're interested in how to manage environmental risks with insurance, understanding pollution liability and insurance coverage, or simply finding the best insurance policies for hazardous waste management, this conversation will provide essential insights for businesses facing environmental challenges.
John Wasilchuk
Director in the Environmental Practice
John is a Director in the Environmental Practice at Gallagher Risk Management Services. He helps organizations with elevated environmental risk profiles manage their property & casualty insurance programs, where he supports risk management, claims support and marketing and designing insurance programs.
John began his career in 2004 as an Environmental Consultant, performing Phase I & Phase II environmental site assessments, tank removals and remediation projects at residential, commercial, industrial and mining sites throughout the united states. He has written hundreds of technical reports and served as a client advocate and liaison to State Environmental Agencies and EPA. He transitioned to the insurance industry as a broker in 2010, working at two other global insurance brokerages and as a Senior Underwriter at a global insurance carrier, prior to his current role at Gallagher.
